A scrap of luck: Rising raw material prices and demand from manufacturers will support growth

Operators in the Waste and Scrap Wholesaling industry are involved in the wholesale of metal and non-metal waste and scrap for recycling. The majority of the industry is made up of smaller operators, which primarily collect and buy waste and scrap before reselling it to larger waste and scrap processors. Larger operators collect, sort and process recyclable products and wholesale the waste and scrap primarily to downstream customers such as metal, plastic and glass product manufacturers. Scrap metal is the most common product sold by the industry, while paper and cardboard also represent a major product segment.The industry is anticipated to be highly volatile over the five years through 2019-20, with revenue expected to decline at a compound annual rate of 1.9%...read more.

Industry Statistics & Market Size
Revenue
£2.9bn
Annual Growth 15-20
-1.9%
Forecast Growth 20-25
Profit
Employment
9,168
Businesses
1,590
Market Share of Companies

Industry Threats & Opportunities

  • The industry has been volatile over the past five years as global prices and demand fluctuated
  • The number of firms has fallen as tough operating conditions have hindered smaller operators
  • The substitution of scrap metal with cheaper, foreign-made products could pressure operators
  • Industry Report - Industry SWOT Analysis Chapter

    The Waste and Scrap Wholesaling industry is in the mature stage of its life cycle. Industry value added (IVA), a measure of the industry's contribution to the UK economy, is anticipated to decline at a compound annual rate of 1.8% over the decade through 2024-25. Over the same period, the UK economy is expected to grow at a compound annual rate of 1.5%. This shows that the industry's contribution to the UK economy is forecast to fall over the 10-year period. However, this is mainly due to volatile and challenging market conditions over the past five years. Forecast growth in IVA over the next five years indicates that the industry is generally mature rather than declining...purchase to read more.

    Additional Insights for the Waste & Scrap Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Waste & Scrap Wholesaling Industry are

  • Ability to alter goods and services produced in favour of market conditions
  • Economies of scale
  • Having links with suppliers
  • IBISWorld analysts also discuss how external factors such as Demand from iron and steel manufacturing and Demand from plastic packing goods manufacturing in the Waste & Scrap Wholesaling industry impact industry performance..

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    What's in this report

    What is the Waste & Scrap Wholesaling Industry?

    Firms in this industry wholesale metal and non-metal waste and scrap for recycling. This involves collecting, sorting and separating waste. It also involves stripping used goods, such as cars, to obtain reusable parts. Industry operators do not process the material they collect in any way.

    Industry Products
  • Paper and cardboard
  • Metal
  • Plastic
  • Glass
  • Rubber
  • Industry Activities
  • Wholesaling metal waste and scrap for recycling
  • Wholesaling non-metal waste and scrap for recycling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Demand from iron and steel manufacturing
  • Demand from plastic packing goods manufacturing
  • World price of iron ore
  • Public concern over environmental issues

  • Current Performance
  • Demand fluctuations
  • Weak steel
  • Profit and structure
  • Environmental trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Demand for metals
  • Rising output
  • Regulatory change
  • Moderate growth
  • Table: Waste & Scrap Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Waste & Scrap Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Sorted Material Recovery

  • Key Selling Industries
  • Commercial Building Construction
  • Consumers
  • Metal Structure Manufacturing

  • Products & Services
  • Metal
  • Paper and cardboard
  • Plastic
  • Glass
  • Rubber
  • Other
  • Chart: Waste & Scrap Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Recyclers and processors
  • Manufacturers
  • Other industries
  • Chart: Major Market Segmentation for the Waste & Scrap Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesDepreciationRentUtilitiesMarketingOther
  • Chart: Cost Structure Benchmarking – Sector vs Waste & Scrap Wholesaling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Waste & Scrap Wholesaling Industry

  • Industry Globalization
    European Metal Recycling Limited,
  • Table: European Metal Recycling Limited - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Waste & Scrap Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Waste & Scrap Wholesaling Industry
    Includes:
  • Industry Revenue (2011-2025)
  • Industry Gross Product (2011-2025)
  • Establishments (2011-2025)
  • Businesses (2011-2025)
  • Employment (2011-2025)
  • Exports (2011-2025)
  • Imports (2011-2025)
  • Wages (2011-2025)
  • Total Assets (2011-2025)
  • Wages (2011-2025)
  • Purchases (2011-2025)
  • Profit (2011-2025)
  • Depreciation (2011-2025)
  • Marketing (2011-2025)
  • Rent (2011-2025)
  • Utilities (2011-2025)
  • Other (2011-2025)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    E-Cycling
  • Recycling components or metals contained in used electronic equipment.
  • Recyclate
  • Recycled materials that are then used to produce other materials.
  • Reprocessing
  • Waste and scrap reprocessing involves sorting, cleaning, melting and grinding to recycle materials.
  • What Our Customers Say

    Why buy this report?

    The Waste & Scrap Wholesaling market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Waste & Scrap Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Waste & Scrap Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Waste & Scrap Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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